Further to the announcements made on 20 October 2017 and 31 October 2017, the Company wishes to announce that the Court has dismissed Cheah Kwong Lee’s (“Applicant / Contributory”) application to set aside the winding up order dated 17 August 2017 with costs to be paid by the Applicant / Contributory to Messrs Syed Ibrahim & Co (“Petitioner”) and the Liquidator of the Wintoni Group Berhad (In Liquidation) (“Respondent”). The Court also put on record that the injunction order dated 3 November 2017 is discharged or dissolved.
Now manu things can happen.. it’s uo to the liquidator on how his going to manage the company either continues with business. Or selling of the company asset
I think the liquidator and former director have close business relationships.. new board want to kick out former director but he made the first move by winding up by law. If luck on our site ... hopefully it’s return to former director and continue relisting
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mmf2332
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Posted by mmf2332 > 2017-10-14 21:20 | Report Abuse
what's mea? so will it settled and revive?